I Have Twins That Are Disabled, Can I Use One Trust?

As with all legal questions, it depends… First, do they both have the same level of disability?  Will they both qualify as disabled under the Social Security Definition?  If so, then you can setup one third-party Supplemental Needs Trust (Special Needs Trust) to serve both of them.  If one of the twins should pass before […]

What is a Supplemental Needs Trust?

A Supplemental Needs Trust (or Special Needs Trust), commonly abbreviated as SNT, is a Trust setup to supplement people on means tested programs. If setup correctly, a Supplemental Needs Trust (SNT) will not affect a person’s means tested benefits. SNTs come in two major types:  The first party or self-settled and the third-party trust. First […]